Economic Update 2025: 60% of Mortgages Renewing at Higher Rates + Labour Market Slowdown

Canadians are facing a looming economic crisis as 60% of mortgages are set to renew at significantly higher interest rates than pandemic-era rates. Canadian anxiety continues to grow over Trump's potential tariffs, the Bank of Canada's policies, and an impending economic slowdown that will affect the labour market. This week, Vince breaks down how these factors will affect Canada's GDP, labor market, housing starts, and the cooling rental market. Stay informed on the economic challenges aheadFor more information, be sure to visit  https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/